Saturday, June 6, 2009

Balance transfer credit cards

These are designed to allow consumers to transfer a balance from a higher-interest credit card or cards onto one with a lower interest rate. For example, if you transfer a balance to a credit card with a 0 percent introductory rate percent , you will pay no interest as long as the introductory period lasts. percent Terms of balance transfer credit cards vary, so be sure to understand the offer.

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